+69% above market
median 1,143 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale95,000 €805 €/m²
Expected rent512 € /mo
~40,000 € BELOW MARKET
good value
against the median for apartments in Balchik (348 properties)
Area
118 m²
Floor
3 / 5
Construction
Brick
Year
2009
Yield analysis
Good investment rating
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 121% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 40,000 € below the typical price (the median) for apartments in Balchik (348 properties) — 805 €/m² against 1,143 €/m².
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 512 €. The rent covers the whole payment (121%).
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 30% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 184 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Access Control
- Gated Community
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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median 1,143 €/m² for comparable properties
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Rent covers ~ 110% of the payment
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